Finolex Cables Limited share price
NSE: FINCABLES · ISIN INE235A01022
Key numbers
- Market cap
- ₹ 22,343 Cr
- Current price
- ₹ 1,460.90
- 52-week high / low
- ₹ 1,498 / 701
- Stock P/E
- 27.9
- Book value
- ₹ 397.8
- Dividend yield
- 0.62%
- ROCE
- 16.0%
- ROE
- 12.3%
- Debt to equity
- 0.00
- Sales growth (3 yrs)
- 11.8%
- Profit growth (3 yrs)
- 12.3%
- 1-year return
- 76.7%
About Finolex Cables Limited
Finolex Cables Limited engages in the manufacture and sale of electrical and communication cables, and other electrical appliances in India and internationally. The company operates through Electrical Cables, Communication Cables, Copper Rods, and Others segments. It offers PVC, flame retardant low smoke, halogen free flame retardant insulated industrial, and 3 core flat cables; communication cables, including CCTV, CAT6 LAN, optic fiber, speaker, RG6 coaxial, telephone, and FinoGreen cables; power and control cables; and agricultural, solar, and automotive cables. The company also provides switches, smart switches, accessories, and mounting boxes; and LED spot downlights, LED battens, and Double and Tri color panels, as well as LED floodlights and lens streetlights. In addition, it offers ceiling, table, wall mounted, pedestal, and exhaust fans; switchgear products, such as miniature and residual current circuit breakers, isolators, auto changeover current limiters, molded case circuit breakers, and distribution boards; instant, storage, and immersion water heaters; conduits and fittings; and smart door locks and switches. Finolex Cables Limited was founded in 1958 and is based…
Quarterly results
Consolidated figures in ₹ crores
| Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 1,396 | 1,376 | 1,599 | 1,951 | 2,013 |
| Operating profit | 136 | 145 | 158 | 180 | 244 |
| Net profit | 163 | 163 | 164 | 224 | 249 |
| EPS (₹) | 10.63 | 10.63 | 10.73 | 14.67 | 16.28 |
Concall summary (2026-08-18)
AI summary of the earnings call transcript · tone: Positive · source document
Guidance & outlook
- Our revenue from operations for Q1 of FY27 stood at INR 2,013 crores, as compared to INR 1,396 crores in the corresponding quarter of last year.
- And as a result, the PBT margin has improved from 11.8% in quarter one of FY26 to 13.4% in the current quarter, while the PAT margin has improved from 9.6% to 10.7% during the quarter.
Growth & demand
- On the electrical cables side, automotive cables, battery cables, flexible wires, solar and agricultural applications, all of them did extremely well posting fairly high double-digit growth numbers and this is just not a price growth, it is also volume-led growth.
- This represents a growth of approximately 44% in revenue.
Margins & costs
- And so, to the extent that we had raw material from earlier on, we were able to get a higher margin on the sales that happened during the quarter and this happened with most of the competition as well.
- And this material gets consumed and new material which will be at a higher cost comes in, the margin levels will come back to normal levels.
Capex & expansion
- Overall capex for the year will still be what I mentioned in the May call, approximately INR 300 crores for the year.
- We will have a draw capacity of 8 million kilometers, so at 8 million kilometers and assuming an average price of USD 11 per kilometer of fiber, then you're looking at about USD 88 million of revenue if I only sell fiber.
Risks & challenges
- We are in Pune and I know that Microsoft is coming up here close by with their data center.
Peers in Electrical Equipment & Parts
Data for information only, not investment advice. Prices end of day.